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Analyses on Amiad (3)
- March 30, 2026March 30, 2026
- Follow-up
Amiad: The Industrial Backlog Reset And What It Means For 2026
Amiad’s industrial segment entered a reset in 2025: revenue fell 17.8%, segment profit fell 60.5%, year-end backlog dropped 29.3%, and 2026 opened from a weaker backlog base that is too concentrated at the start and end of the year.
- Follow-up
Amiad: How Much Of The Irrigation Recovery Sits On Netafim
Amiad’s 2025 irrigation recovery was effectively a Netafim recovery: Customer A revenue rose by $3.44 million, more than the irrigation segment’s entire increase, while the distribution agreement with that customer enters its real decision year in 2026.
Amiad 2025: Irrigation Recovered, But Industry Tore A Hole In Profitability
Amiad ended 2025 with a steadier irrigation business and positive operating cash flow, but the operating core is still weak because industry lost backlog and profitability while lower finance expense and FX hedging only softened the damage.
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